Markets Today Highlights: Bulls dominated Dalal Street as all constituent stocks of the Nifty50, barring Sun Pharma and Britannia, ended in the green, with gains extending up to 8.55 per cent

Indian markets

Regulator has barred the infamous stock operator for front-running trades pertaining to a US based FPI, directed disgorgement of illegal gains of Rs 66 crore

sebi

The real problem with India's trade policy lies in a seemingly innocent administrative procedure that doesn't sound half as dangerous as tariffs

Exports, Export

Applicant numbers, which surged by over 400,000 from last year and have tripled since 2014, reflect the huge demand for stability

china Flag, China

Refrigeration sealing solutions firm Ajay Poly has filed its draft red herring prospectus with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
The initial public offer is a mix of fresh issue of shares of up to Rs 238 crore and an offer-for-sale (OFS) of up to 93 lakh equity shares each by the promoters, as per the draft red herring prospectus (DRHP) filed on December 28.
Under the OFS, 37 lakh shares will be sold by promoter Bina Jain, while Rajeev Jain and Nitin Jain will offload 28 lakh shares each.
The company may consider a pre-IPO placement of shares worth up to Rs 47.6 crore. If the pre-IPO placement is completed, then the size of the fresh issue will be reduced.
The proceeds from the fresh issue will be utilised by the company to the extent of Rs 119 crore for debt payment, Rs 64.97 crore for funding capital expenditure requirements towards the purchase of equipment, plant, and machinery at Noida Unit, Karegaon, Shirwal, Chennai Unit,

A CRISIL Ratings study of the top 25 firms, accounting for 55 per cent of the Rs 14 trillion IT sector's revenue in fiscal 2024

IT industry, IT companies, IT sector, Jobs, IT jobs

India's growing external and internal threats demand urgent shifts in fiscal focus to strengthen defence, policing, and cyber capabilities

Defence

The output of eight key infrastructure sectors slowed down to 4.3 per cent in November 2024 against 7.9 per cent growth registered a year ago, according to official data released on Tuesday.
On a monthly basis, the production growth of these sectors was higher than the 3.7 per cent expansion recorded in October 2024.
In November, production of crude oil and natural gas contracted.
The production growth of coal, refinery products, fertiliser, steel, and electricity moderated to 7.5 per cent, 2.9 per cent, 2 per cent, 4.8 per cent, and 3.8 per cent, respectively, against 10.9 per cent, 12.4 per cent, 3.3 per cent, 9.7 per cent and 5.8 per cent in November last year.
However, cement output rose to 13 per cent in the month under review.
The growth of core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 4.2 per cent during April-November this fiscal. It was 8.7 per cent in the same period last fiscal.
The eight core sectors

Infrastructure, Infra

The Forum for People's Collective Efforts has urged the Ministry of Consumer Affairs to implement stricter guidelines and enforce penalties for non-compliance with advertisement guidelines

The year was a mixed bag for the real estate industry as housing supply slowed down but record investments came in. Industry experts believe that demand will stabilise as sales are likely to be lower compared to 2023.

The Andhra Pradesh cabinet on Thursday approved two engineering projects worth Rs 2,723 crore for the greenfield capital city of Amaravati, including a 1 million tonne per annum green ammonia manufacturing facility and South India's first integrated energy project, among others.
Although the previous YSRCP regime "neglected" Amaravati, Information & Public Relations Minister K Parthasarathy noted that the TDP-led government is taking steps to develop the greenfield capital to world-class standards.
It has been decided to undertake development projects in Amaravati with financial assistance from the World Bank, HUDCO, and Germany. As per the directives of these institutions, fresh tenders are being called, said Parthasarathy, addressing a press conference at the Secretariat.
Unlike during the YSRCP regime, he stated that several industrialists are now coming forward to set up operations in the southern state. He added that the cabinet has approved AM Green Ammonia (India) Pvt Ltd's

N Chandrababu Naidu, Chandrababu, Naidu

The fourth edition of the report titled O Womaniya! reveals a decline in the representation of women HoDs in Telugu films, dropping from 5 per cent in 2021 to 3 per cent in 2023

Bollywood, South Indian language cinemas, women

"A stable job market will squelch the Fed's appetite for cutting rates aggressively amid nagging services inflation," said Jeffrey Roach, chief economist at LPL Financial

US economy, united states, US Fed

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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AP cabinet approves Rs 2,723 cr for Amaravati works, other investments

South Indian film industry lags in women leadership roles, shows data

At 211,000, US weekly unemployment claims declines to eight-month low

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Stock Market Rally: Bulls party on D-St; Sensex soars 1436 pts, Nifty nears 24,200; auto, IT shine

Ketan Parekh among 3 banned from securities markets in front-running scheme

Shooting itself in the foot - again: This trade barrier hurts India more

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